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Leo-btm
May 9, 2023 4:42 PM

USOIL, More down side to see?  Short

TVC:USOIL240
WTI CRUDE OILTVC

Description

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USOIL / 4H

Hello Traders, welcome back to another market breakdown.

USOIL is trading in a down trend, The price has double topped and now is in a pull-back mode. I expect another new low before any low to be printed.

Trade safely,
Trader leo.
Trend AnalysisChart PatternsBeyond Technical AnalysisCrude Oil WTIForexEnergy Commoditiesbtm
Comments
ProjectSyndicate
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premium info, thank you for sharing
Leo-btm
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@ProjectSyndicate welcome
basictradingtv
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great work mate, thanks!
Leo-btm
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@basictradingtv appropriate it mate
Tradersweekly
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I would welcome another drop below $70. It can be an excellent opportunity to take a long swing trade ahead of the U.S. refilling the SPR.
DeGRAM
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Two thumbs up 👍👍
MonoCoinSignal
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Clear and informative market assessment.
TradingShot
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Thank you. Great job. Thumbs up!
ArmanShabanTrading
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Superb forecast, you nailed it!
FirstNameHelen
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I guess we have a similar view on this pair, well done!
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